Online board management can help leaders improve and maintain the management of their company. They can address all items on their agenda with dedicated board management software that allows them to conduct their votes smoothly and take accurate minutes to protect themselves from the risk of liability. Outside of the meeting they can collaborate in real-time with regard to documents and actions items.
A dedicated board portal will increase efficiency both in and outside of the boardroom. It allows board members and executives to access and edit documents with granular permissions. Version control, remote wiping the device, locking and wiping devices, as well more information as usage reports are also accessible. Businesses can also save money by switching to a cloud solution.
Before meetings, board members are able to go through and refer to the online “board book” which contains everything needed to conduct meetings, including agendas as well as the minutes of previous meetings as well as relevant documents, and much more. They can also use different features like page synchronization, shared annotations and an electronic signature to take part in virtual meetings or work on documents from any location.
Board management software can also help save the admin’s time by assisting them to schedule meetings with minutes and distribute meeting materials. build the agenda and even create surveys and polls. They can also easily track attendance and quorums, as well as ensure that the proper documentation is in place. And with secure mobile apps boards can connect from anywhere at any time. They can even take advantage of built-in videoconferencing and simple recording of meeting minutes. This allows busy board member to stay on top of their responsibilities, and maintain high performance whether they are at home, the office or even traveling.